Clearfield, Inc. (CLFD)

NASDAQ: CLFD · IEX Real-Time Price · USD
26.16
+0.72 (2.83%)
At close: Dec 1, 2023, 4:00 PM
25.50
-0.66 (-2.52%)
After-hours: Dec 1, 2023, 6:46 PM EST
2.83%
Market Cap 399.25M
Revenue (ttm) 268.72M
Net Income (ttm) 32.53M
Shares Out 15.26M
EPS (ttm) 2.17
PE Ratio 12.06
Forward PE 107.76
Dividend n/a
Ex-Dividend Date n/a
Volume 261,682
Open 25.39
Previous Close 25.44
Day's Range 25.26 - 26.61
52-Week Range 22.91 - 129.30
Beta 1.42
Analysts Buy
Price Target 71.40 (+172.94%)
Earnings Date Feb 1, 2024

About CLFD

Clearfield, Inc. manufactures, markets, and sells standard and custom passive connectivity products to the fiber-to-the-premises, enterprises, and original equipment manufacturers markets in the United States and internationally. The company offers FieldSmart, a series of panels, cabinets, wall boxes, and other enclosures. It also provides WaveSmart, which are optical components integrated for signal coupling, splitting, termination, multiplexing, demultiplexing, and attenuation for integration within its fiber management platform; and outdoor ... [Read more]

Sector Technology
Founded 1979
Employees 407
Stock Exchange NASDAQ
Ticker Symbol CLFD
Full Company Profile

Financial Performance

In 2023, Clearfield's revenue was $268.72 million, a decrease of -0.80% compared to the previous year's $270.88 million. Earnings were $32.53 million, a decrease of -34.09%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for CLFD stock is "Buy." The 12-month stock price forecast is $71.4, which is an increase of 172.94% from the latest price.

Price Target
$71.4
(172.94% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Why these stocks could lose money even if the market gains

According to a study published this summer in The Review of Financial Studies, these vulnerable stocks are the ones that are most difficult to borrow and then sell short.

2 days ago - Market Watch

EY Announces Cheri Beranek of Clearfield, Inc. as an Entrepreneur Of The Year® 2023 National Award Winner

MINNEAPOLIS--(BUSINESS WIRE)-- #Broadband--Ernst & Young LLP (EY US) announced that Cheri Beranek, president and CEO of Clearfield, Inc. (NASDAQ: CLFD), was named an Entrepreneur Of The Year® 2023 Nat...

17 days ago - Business Wire

Clearfield Announces Increase to Share Repurchase Program

MINNEAPOLIS, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Clearfield, Inc. (NASDAQ: CLFD), the leader in community broadband fiber connectivity, today announced that its Board of Directors has authorized an incr...

24 days ago - GlobeNewsWire

Clearfield to Present at the Needham Virtual Security, Networking, & Communications Conference

MINNEAPOLIS--(BUSINESS WIRE)-- #Clearfield--Clearfield, Inc. (NASDAQ: CLFD), the leader in community broadband fiber connectivity, will participate in a fireside chat at the Needham Virtual Security, ...

4 weeks ago - Business Wire

Clearfield Sets Fiscal Fourth Quarter and Full Year 2023 Earnings Call for Thursday, November 9, 2023

MINNEAPOLIS, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Clearfield, Inc. (NASDAQ: CLFD), the leader in community broadband fiber connectivity, today announced that its fourth quarter and fiscal year ended Sept...

5 weeks ago - GlobeNewsWire

Clearfield Sizes Active Cabinet to Expand Fiber First Mover Deployments

MINNEAPOLIS--(BUSINESS WIRE)-- #Broadband--Clearfield, Inc. (NASDAQ:CLFD), the leader in community broadband fiber connectivity, today announced the FieldSmart® FiberFlex 1700 active cabinet, an all-i...

7 weeks ago - Business Wire

Clearfield Delivers FiberFirst 6-inch Pedestal to Facilitate Fiber Homes Connected

MINNEAPOLIS--(BUSINESS WIRE)-- #BABA--Clearfield, Inc. (NASDAQ: CLFD), the leader in community broadband fiber connectivity, today announced the CraftSmart® FiberFirst 6-inch Pedestal, a compact, secu...

7 weeks ago - Business Wire

Clearfield Blows Past Traditional MPO Limits with FieldShield® Blowable MPO Fibre Assemblies

LONDON--(BUSINESS WIRE)-- #Clearfield--Clearfield, Inc. (NASDAQ:CLFD), the leader in community broadband fibre connectivity, today announced the launch of its FieldShield blowable MPO fibre assemblies...

2 months ago - Business Wire

Clearfield's SeeChange Honored with 2023 ISE Network Innovator Award

MINNEAPOLIS--(BUSINESS WIRE)-- #ISE--Clearfield, Inc. (NASDAQ:CLFD), the leader in community broadband fiber connectivity, today announced that its SeeChange® Access Terminal and Hardened Connector Sy...

3 months ago - Business Wire

Clearfield Improves First Pass Yield in Fiber Networks by Expanding Product Line to Include ClearPass™ Dust Cap

MINNEAPOLIS--(BUSINESS WIRE)-- #FiberConnect23--Clearfield, Inc. (NASDAQ:CLFD), the leader in community broadband fiber connectivity, today announced the product launch of the ClearPass™ Dust Cap. Cle...

3 months ago - Business Wire

Clearfield, Inc. to Share Expertise at Fiber Connect 2023

MINNEAPOLIS--(BUSINESS WIRE)-- #FiberConnect23--Clearfield, Inc. (NASDAQ: CLFD), the leader in community broadband fiber connectivity, announced that it has been accepted to speak at the Fiber Broadba...

4 months ago - Business Wire

UPDATE -- Clearfield Reports Fiscal Third Quarter 2023 Results

MINNEAPOLIS, Aug. 03, 2023 (GLOBE NEWSWIRE) -- In the release issued earlier today by Clearfield, Inc. (NASDAQ: CLFD) under the same headline, please note that the updated press release below now incl...

4 months ago - GlobeNewsWire

EY Announces Clearfield's Cheri Beranek as an Entrepreneur Of The Year® 2023 Heartland Award Winner

MINNEAPOLIS--(BUSINESS WIRE)-- #Broadband--Ernst & Young LLP (EY US) today announced that Cheri Beranek, CEO of Clearfield, was named an Entrepreneur Of The Year® 2023 Heartland Award winner. The Entr...

6 months ago - Business Wire

Clearfield to Present at the 51st Annual TD Cowen Technology, Media & Telecom Conference on May 31, 2023

MINNEAPOLIS--(BUSINESS WIRE)--Clearfield, Inc. (NASDAQ: CLFD), the specialist in fiber management for communications providers, will be presenting at the 51st Annual TD Cowen Technology, Media & Telec...

7 months ago - Business Wire

Clearfield Reports Fiscal Second Quarter 2023 Results

MINNEAPOLIS, May 04, 2023 (GLOBE NEWSWIRE) -- Clearfield, Inc. (NASDAQ: CLFD), a leader in fiber connectivity, reported results for the second quarter of fiscal 2023.

7 months ago - GlobeNewsWire

Clearfield Sets Fiscal Second Quarter 2023 Earnings Call for Thursday, May 4, 2023

MINNEAPOLIS, April 20, 2023 (GLOBE NEWSWIRE) -- Clearfield, Inc. (NASDAQ: CLFD), the specialist in fiber management for communications providers, will hold a conference call on Thursday, May 4, 2023 a...

8 months ago - GlobeNewsWire

Top 5 Tech Stocks Which You'll Regret Missing This Quarter - Credo Technology Group (NASDAQ:CRDO), Clearfield (NASDAQ:CLFD)

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

Other symbols: CRDOLUNASABRUIS
9 months ago - Benzinga

Clearfield to Participate in the 35th Annual ROTH Conference

MINNEAPOLIS--(BUSINESS WIRE)-- #Broadband--Clearfield, Inc. (NASDAQ: CLFD), the leader in community broadband fiber connectivity, is scheduled to participate in the 35th Annual ROTH Conference, which ...

9 months ago - Business Wire

Clearfield® SeeChange™ Helps Operators Speed Fiber Deployments as FTTx and 5G Networks Ramp

MINNEAPOLIS--(BUSINESS WIRE)-- #Broadband--Clearfield, Inc. (NASDAQ:CLFD), the leader in community broadband fiber connectivity, today announced the SeeChange™ Terminal and hardened connector system. ...

9 months ago - Business Wire

Clearfield Reports Fiscal First Quarter 2023 Results

MINNEAPOLIS, Feb. 02, 2023 (GLOBE NEWSWIRE) --   Clearfield, Inc. (NASDAQ: CLFD), a leader in fiber connectivity, reported results for the fiscal first quarter of 2023.

10 months ago - GlobeNewsWire

5 Cheapest Tech Stocks You Should Think About

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when...

Other symbols: ARQQCISOENPHPRTH
11 months ago - Benzinga

Clearfield® Reaches Milestone of Over 50 Million Ports In-Market

MINNEAPOLIS--(BUSINESS WIRE)--Clearfield, Inc. (NASDAQ:CLFD), the specialist in fiber management for communication service providers, today announced the supplying of over 50 million fiber ports of ...

11 months ago - Business Wire

Clearfield Sets Fiscal First Quarter 2023 Earnings Call for Thursday, February 2, 2023 at 5:00 p.m. ET

MINNEAPOLIS, Jan. 12, 2023 (GLOBE NEWSWIRE) -- Clearfield, Inc. (NASDAQ: CLFD), the specialist in fiber management for communications providers, will hold a conference call on Thursday, February 2, 20...

11 months ago - GlobeNewsWire

Clearfield to Participate in the 25th Annual Needham Growth Conference on January 10-11, 2023

MINNEAPOLIS--(BUSINESS WIRE)--Clearfield, Inc. (NASDAQ: CLFD), the specialist in fiber management for communications providers, will participate in the 25th Annual Needham Growth Conference on Janua...

11 months ago - Business Wire

Jim Cramer digs into his thoughts on Clearfield stock

Cramer gave his thoughts on Clearfield and its stock on Wednesday.

1 year ago - CNBC Television